But Bush said the decline will be "orderly." (translation: pigs should get in line single file prior to the slaughter.) Good time to stay in cash.
Shorts be careful. Fed injections near end of day.
Started by
nimblebear
, Aug 10 2007 09:20 AM
1 reply to this topic
#1
nimblebear
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- Traders-Talk User
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Welcome to the Dark Side !
Posted 10 August 2007 - 09:20 AM
OTIS.
#2
humble1
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- Traders-Talk User
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Member
Posted 10 August 2007 - 09:32 AM
LOL, even though it is gallows humor.
anyway: i don't think the shorts have to worry here. i am looking for THREE UGLIES ...
UGLY#1: today's close
UGLY#2: news accounts and commentary over the weekend, which will scare the hell out of many (e.g. people who really work, lol) who haven't had time to watch these things closely during the week.
UGLY#3: monday's price action, which, i fearlessly forecast, will be at least 5% down and close to (but NOT) a valid crash date.
then the big fed panic on tuesday BEFORE the open.
